Sevy-Management: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Sevy-Management
Largest movements
- Receivables after one year -€63,095
down €63,095 (-45.1%), from €140,000 to €76,905
- Cash +€54,638
up €54,638 (+184%), from €29,741 to €84,379
mainly Receivables after one year (+€63,095) and Trade debts (+€47,086)
- Tangible fixed assets -€23,482
down €23,482 (-21.4%), from €109,605 to €86,123
of which Furniture and vehicles: -€23,040
- Receivables within one year +€12,955
up €12,955 (+18.3%), from €70,821 to €83,777
of which Other amounts receivable: +€12,553
- Reserves -€74,229
down €74,229 (-28.6%), from €259,587 to €185,357
- Trade debts +€47,086
up €47,086 (+19,782%), from €238 to €47,324
- Other debts +€28,383
up €28,383 (+945%), from €3,003 to €31,386
- Debts after one year -€17,545
down €17,545 (-70.8%), from €24,775 to €7,230
- Tax, wage and social debts -€3,731
down €3,731 (-8.8%), from €42,465 to €38,735
- Gross operating margin -€48,606
down €48,606 (-44.2%), from €109,868 to €61,262
- Taxes -€10,570
down €10,570 (-55.9%), from €18,891 to €8,322
- Depreciation +€8,093
up €8,093 (+52.6%), from €15,390 to €23,482
- Financial income +€3,389
up €3,389 (+1,204%), from €282 to €3,671
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €352,557 | €332,002 | -€20,555 | -5.8% |
| Fixed assets | 21/28 | €109,605 | €86,123 | -€23,482 | -21.4% |
| Tangible fixed assets | 22/27 | €109,605 | €86,123 | -€23,482 | -21.4% |
| Plant, machinery and equipment | 23 | €1,858 | €1,416 | -€442 | -23.8% |
| Furniture and vehicles | 24 | €107,747 | €84,707 | -€23,040 | -21.4% |
| Current assets | 29/58 | €242,951 | €245,879 | +€2,928 | +1.2% |
| Amounts receivable after more than one year | 29 | €140,000 | €76,905 | -€63,095 | -45.1% |
| Other amounts receivable | 291 | €140,000 | €76,905 | -€63,095 | -45.1% |
| Amounts receivable within one year | 40/41 | €70,821 | €83,777 | +€12,955 | +18.3% |
| Trade receivables | 40 | €70,821 | €71,224 | +€403 | +0.6% |
| Other amounts receivable | 41 | - | €12,553 | +€12,553 | |
| Cash at bank and in hand | 54/58 | €29,741 | €84,379 | +€54,638 | +184% |
| Deferred charges and accrued income | 490/1 | €2,389 | €819 | -€1,571 | -65.7% |
| Total equity and liabilities | 10/49 | €352,557 | €332,002 | -€20,555 | -5.8% |
| Equity | 10/15 | €264,587 | €190,357 | -€74,229 | -28.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €259,587 | €185,357 | -€74,229 | -28.6% |
| Distributable reserves | 133 | €259,587 | €185,357 | -€74,229 | -28.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €87,970 | €141,645 | +€53,675 | +61.0% |
| Amounts payable after more than one year | 17 | €24,775 | €7,230 | -€17,545 | -70.8% |
| Financial debts | 170/4 | €24,775 | €7,230 | -€17,545 | -70.8% |
| Amounts payable within one year | 42/48 | €63,195 | €134,415 | +€71,220 | +113% |
| Current portion of amounts payable after more than one year | 42 | €17,488 | €16,970 | -€519 | -3.0% |
| Trade debts | 44 | €238 | €47,324 | +€47,086 | +19,782% |
| Suppliers | 440/4 | €238 | €47,324 | +€47,086 | +19,782% |
| Taxes, remuneration and social security | 45 | €42,465 | €38,735 | -€3,731 | -8.8% |
| Taxes | 450/3 | €42,465 | €38,735 | -€3,731 | -8.8% |
| Other amounts payable | 47/48 | €3,003 | €31,386 | +€28,383 | +945% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,390 | €23,482 | +€8,093 | +52.6% |
| Other operating charges | 640/8 | €653 | €595 | -€58 | -8.9% |
| Gross operating margin | 9900 | €109,868 | €61,262 | -€48,606 | -44.2% |
| Operating profit (loss) | 9901 | €93,826 | €37,184 | -€56,641 | -60.4% |
| Financial income | 75/76B | €282 | €3,671 | +€3,389 | +1,204% |
| Recurring financial income | 75 | €282 | €3,671 | +€3,389 | +1,204% |
| Financial charges | 65/66B | €987 | €1,147 | +€161 | +16.3% |
| Recurring financial charges | 65 | €987 | €1,147 | +€161 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €93,121 | €39,708 | -€53,413 | -57.4% |
| Income taxes | 67/77 | €18,891 | €8,322 | -€10,570 | -55.9% |
| Profit (loss) for the period | 9904 | €74,229 | €31,386 | -€42,843 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,229 | €31,386 | -€42,843 | -57.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.